The Scottish Government is to fund a new remanufacturing centre and a brokerage service for recyclates, it has been announced today (29 October).
The Scottish Institute of Remanufacture, which will focus on recouping the value of the materials and components that are lost through disposal and/or the recycling process, will be hosted by the University of Strathclyde and run in partnership with Heriot-Watt University.
Zero Waste Scotland, which delivers the Scottish Government's Zero Waste Plan, has committed £300,000 to the project, while the Scottish Funding Council, which distributes funding from the Scottish Government to the country's colleges and universities, will provide £1 million to the centre. The funding will be spread over three years.
Companies based in Scotland have reportedly already pledged over £800,000 of funding, or in-kind support, for potential research projects for the institute.
The announcement was made by Scotland's Environment Secretary, Richard Lochhead … at the Scottish Resources Conference in Glasgow this morning.
He said: "It is astounding that an estimated £50 million worth of gold will potentially be wasted in Scotland in the next five years through disposal of electronics like computers and phones. By bringing a more circular approach to the way we manage our resources, we can change that. And by channelling expertise into better remanufacturing, we can ensure that valuable components can be recovered and reused.
"The Scottish Government is serious about creating a greener, more circular economy, where our valuable products and materials remain in useful circulation for longer, creating and sustaining jobs in the process.